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Wall Street is high on , expecting it to report earnings that are up 10% from a year ago when it reports its first quarter earnings on Thursday, October 31, 2013. The consensus estimate is $1.40 per share, up from earnings of $1.27 per share a year ago.

Over the past three months, the consensus estimate has sagged from $1.51. Analysts are expecting earnings of $6.53 per share for the fiscal year. Revenue is expected to be $900.1 million for the quarter, 17% higher than the year-earlier total of $769.8 million. For the year, revenue is projected to come in at $4.11 billion.

Over the last four quarters, the company has seen its income grow by an average of 16% year-over-year. The company has seen revenue increase for two quarters in a row. In the most recent quarter, revenue rose 26% year-over-year to $967.2 million. The quarter before that, it rose 18%.

The majority of analysts (71%) rate Perrigo as a buy. This compares favorably to the analyst ratings of eight similar companies, which average 57% buys.